date:Nov 11, 2015
David Martin, managing member of $75 million hedge fund Martin Fund Management, an active trader in the market who thinks the rally has been overdone.
The moves have already caught the attention of Intercontinental Exchange Inc. which increased margin requirements on sugar futures by 19.5% on Thursday, to raise the cost of making leveraged bets with borrowed money. The gains are already beginning to reverse, with the market dropping 9.7% from its recent peak on Wednesday. Sugar futures closed d